NOT LISTED FOR SALE

581 Edgebrook Ln West Palm Beach, FL 33411

Estimated Value: $1,083,875 - $1,486,000

4 Beds
5 Baths
3,732 Sq Ft
$338/Sq Ft Est. Value

Last Sold December 11, 2013

Last sale price $550,000 $147 Per Sq Ft

Est. 130% increase in value since last sale

Current estimated payment $7,688/month

About This Home

As of December 2013

Lakefront, spacious 4 BR w/ Den, 4.5 bathrooms & 3 car gar. Smart House -Turn on your lights or manage temp on any of the 3 a/c units from your IPhone or IPad, Seller for Free will setup system for new Buyer. Designer landscape. Fully Fenced backyard. Pool offers Jacuzzi w/ waterfall. Marble & Wood floors - NO carpet. Custom closets. First floor Master BR w/sliding door to pool & frameless shower doors, plus Jacuzzi tub in Master Bath. Brand New 2013 Samsung Refrig/Washer/Dryer. Kitchen has large pantry, stainless steel appliances, 42'' cabinets, granite counter tops, & cook island. Kitchen opens to large, bright family room & eat in breakfast area. 3 generous sized BR & 2 full baths on 2nd floor; 1 BR has private balcony. Large laundry RM w/storage closet. Neutral color. Shelving in Garag

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2013
Closed on
Dec 11, 2013
Sold by
Laitinen Peter and Laitinen Diana
Bought by
Rine Seraphim M and Rine Cynthia D
Seller's Agent
Annette Robinson
Better Homes & Gdns RE Fla 1st
Buyer's Agent
Brian Kidwell
Premier Brokers International
List Price
$595,000
Sold Price
$550,000
Premium/Discount to List
-$45,000
-7.56%
Current Estimated Value
$1,263,219

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$713,219
Avg. Annual Appreciation
7.29%
Original Mortgage
$417,000
Outstanding Balance
$108,422
Interest Rate
3.27%
Mortgage Type
New Conventional
Estimated Equity
$1,154,797

Purchase Details

Listed on
May 16, 2013
Closed on
Jul 3, 2013
Sold by
The Bank Of New York Mellon
Bought by
Laitinen Peter and Laitinen Diana
Seller's Agent
Laszlo Papp
Keller Williams Coastal Partne
Buyer's Agent
Laszlo Papp
Keller Williams Coastal Partne
List Price
$379,900
Sold Price
$405,000
Premium/Discount to List
$25,100
6.61%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
114.92%

Purchase Details

Closed on
May 10, 2013
Sold by
Ortiz Anette and Ortiz Fredy
Bought by
The Bank Of New York Mellon and The Bank Of New York

Purchase Details

Closed on
Jan 27, 2006
Sold by
Toll Fl Lp
Bought by
Ortiz Fredy and Ortiz Anette

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$89,600
Interest Rate
5.7%
Mortgage Type
Stand Alone Second
Source: Public Records

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Rine Seraphim M $550,000 Town Title Inc
Laitinen Peter $405,000 Attorney
The Bank Of New York Mellon $411,700 None Available
Ortiz Fredy $896,208 None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rine Seraphim M $417,000
Previous Owner Ortiz Fredy $89,600
Previous Owner Ortiz Fredy $716,960
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/11/2013 12/11/13 Sold $550,000 -7.6% $147 / Sq Ft
11/11/2013 11/11/13 Pending -- -- --
11/07/2013 11/07/13 For Sale $595,000 +46.9% $159 / Sq Ft
07/19/2013 07/19/13 Sold $405,000 +6.6% $109 / Sq Ft
06/19/2013 06/19/13 Pending -- -- --
05/16/2013 05/16/13 For Sale $379,900 -- $102 / Sq Ft

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $8,616 $536,631 -- --
2023 $8,414 $521,001 $0 $0
2022 $8,354 $505,826 $0 $0
2021 $8,313 $491,093 $0 $0
2020 $8,259 $484,313 $177,088 $307,225
2019 $8,408 $487,085 $0 $0
2018 $7,965 $478,003 $0 $0
2017 $7,877 $468,171 $0 $0
2016 $7,909 $458,542 $0 $0
2015 $8,108 $455,355 $0 $0
2014 -- $451,741 $0 $0
Source: Public Records

Agents Affiliated with this Home

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